Professional Documents
Culture Documents
HARIJWALA
STD:- T.Y.B.B.A
ROLL NO:- 11
COLLEGE:- C.P.PATEL & F.H.SHAH COMMERCE.
COLLEGE ,ANAND
SUBJECT:- BUSINESS ETIQUETTES &
PRESENTATION SKILLS -I
BRAND BUILDING AND SEGMENTATION
OF TITAN INDUSTRIES LIMITED
(RETAIL OPERATIONS)
BURHANUDDIN SAMUNBHAI
HARIJWALA
ORGANISATION PROFILE
• Titan Industries was established in 1984 as a joint
venture between the Tata Group and the Tamil Nadu
Industrial Development Corporation
• No.1 speciality retailer with nearly 12000 exclusive
outlets with 750 service centres in over 2500 cities.
• Annual business of over Rs 3,000 crore and
currently 267 world of titan stores.
• It manufactures over 8 million watches a year for
its customers that are 10 times bigger than its
production
• It has overseas market in over 30 countries
mostly in middle-east and Asia pacific regions.
• It also boasts of its outstanding design studios for
watches and accessories.
HIGHLIGHTS OF TITAN
• Titan is a part of the TATA Group having a turnover of
equivalent to over 2.5% of India’s GDP and having the biggest
market capitalization in India
• The Tata group is India’s largest employer in the private sector
222,000+ employees across 85 companies
• Best Corporate Citizen – Mother Teresa, Helen Keller, Rotary
and Chamber of Commerce Awards.
• President of India Award for best employer of the physically
challenged.
SUB-BRANDS OF TITAN
TITAN
SONATA
FASTRACK
XYLYS
TANISHQ
GOLD PLUS
BRAND BUILDING AND BRAND SEGMENTATION STRATEGY
• Mid Segment :
• They are utility and fashion conscious who can afford a costly
watch but compares with all products in market
– Exacta, Raga, fast track, regalia, steel/black, wwf, edge
– Price range - 600 to 9000
• Mass Market :
• Use of watch merely as time keeping device – hence price
conscious
– Titan, Sonata, Zoop, basic models of fast track.
– Price range – 300 to 1000
FACTORS CONSIDERED FOR SEGMENTATION
Substantiality
• Refers to the size of segmented markets.
• Titan has fully satisfied this condition as its model i.e. – Psi 2000,
regalia, Classique, Fastrack etc are all large & profitable enough to
direct marketing effort towards them.
Accessibility
• Could be attained through the existing channel of distribution.
• The existing channels of distribution for Titan like exclusive
showroom and shop dealers can support titans various segments.
Represent ability
Segments should be large and profitable enough to be
considered as a separate market
geography
• Type of settlement media
consumption.
Socio-economics
Needs
• Characteristics of products,
advantages, benefits.
BRAND PERCEPTION
ACHIEVEMENTS OF THE
PROJECT
Catchment area analysis and comparison
120%
100%
80%
total popn
60% analysis(brand
perception)
40%
20%
0%
Maredpally P.R.nagar sikh village begumpet mushirbad bowenpally
7%
500000
40000
“ ANALYSIS DONE ONLY FOR 3 MONTHS
I.E. APRIL, MAY, JUNE “ 93%
RETAIL METRICS EVALUATION AND CORRECTION
120%
100%
march
60% april
EMG 10% - 12% 9% - 14%
may
40%
WALK-INS 90% - 95% 90% - 95%
20%